518 W Magnolia Ave, Louisville, KY 40208

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518 W Magnolia Ave Louisville, KY 40208

2 beds1.5 baths1,541 sqft

Sold: $260,000
Sold on 04/18/14
Zestimate®: $266,196
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My Notes

This very unique Old Louisville circa 1940 brick structure, believed to have been originally built as an artist's studio overlooking Olmsteads Central Park has just gone through over a year of re purposing and is now "A ONE OF A KIND" architecturally designed, custom, sleek and modern living space. You would be likely to find this style in a high end New York apartment. Tall ceilings, hardwood flooring thoughtfully mixed with natural pale slate flooring create very unique lines, both soft and sharp, both cool and warm. A wood burning fireplace in the dining area an open floor plan filled with light combines the entry area, formal living and dining areas along with the custom crafted kitchen for great entertaining. The kitchen offers handmade maple cabinetry, granite counters, mosaic glass backsplash and high end stainless Whirlpool Appliances. There is a warm rich library/den/music room which opens from the great room with french pained glass doors. Down the sleek hallway is a powder room followed by a wall of windows and glass doors looking out into an industrial styled private courtyard for more great entertaining space. The first floor bedroom is tucked privately in the rear of the home with it's own relaxing patio and courtyard. Up the unique staircase to the ultimate in master en suites with breath taking views of Central Park. Custom glass railing and a wall of windows bring the outdoors in. The suite with hardwood flooring, custom bath with tile and slate and large walk-in closet make this the perfect getaway. Below the master suite is the oversized one car climate controlled garage with lots of storage. 1st floor laundry to include a Samsung full size stacking washer and dryer. New Dual Furnaces and Central air systems, all new electrical, plumbing, roof, insulation, drywall, new exterior finishes and artful custom privacy fence. The home also features a state of the art security system with camera's, Internet access along with an IPad mini for monitoring. Uverse from AT&T is available with TV/Internet packages and security monitoring service. This is a very unique property to the downtown marketplace.
Neighborhood Description
Louisville's Victorian Neighborhood
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  • Lot: 4,356 sqft
  • Single Family
  • Built in 1940
  • Cooling: Central
  • Heating: Forced air
  • Last sold: Apr 2014 for $260,000
  • Price/sqft: $169


  • Cable Ready
  • Ceiling Fan
  • Fenced Yard
  • Fireplace
  • Flooring: Hardwood, Slate
  • Garden
  • Parking: Garage - Attached, 1 space
  • Patio
  • Porch
  • Security System
  • Skylight
  • View: City, Park
  • Wired

Appliances Included

  • Dishwasher
  • Dryer
  • Microwave
  • Range / Oven
  • Refrigerator
  • Washer

Room Types

  • Breakfast nook
  • Family room
  • Master bath
  • Office
  • Walk-in closet


  • Exterior material: Brick, Stucco
  • Room count: 5
  • # Stories: 2.0
  • Structure type: Modern


  • Floor size: 1,541 sqft
  • Heating: Gas
  • Last remodel year: 2013
  • Laundry: In Unit
  • Zillow Home ID: 2124273354

Zestimate Details

A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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+$96 Last 30 days
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
-$34 Last 30 days
Zestimate range
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3,949 all-time views
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218 forecasted views of this home
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Home Expenses

Internet, phone and TV
Home security


Market guide

Zillow predicts Old Louisville home values will increase 3.8% next year, compared to a 3.6% rise for Louisville as a whole. Among Old Louisville homes, this home is valued 94.4% more than the midpoint (median) home, and is valued 97.6% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the Old Louisville market, the number of foreclosures waiting to be sold decreased 17.1% in the last year. The number of unsold foreclosures is 76.4% lower than in Louisville, and 96.7% lower than the national average. This lower local number could help Old Louisville home values rise more quickly than other regions in Louisville.

Learn more about forecast calculations or Old Louisville home values.
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    Other Units in this Building (1)ZestimateBedsBathsSqft

    Nearby Schools in Louisville

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    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    Data by GreatSchools.org

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